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US sanctions Nobitex and other Iranian crypto exchanges under ‘Economic Fury’ campaign
Sanctioned exchange Nobitex handled more than half of Iran's crypto inflows last year, according to the U.S. Treasury.
Crypto derivatives activity slumps to late-2023 levels, but US perp market opportunity emerges
The composition of that volume remains heavily concentrated among a handful of exchanges, with Binance maintaining it…
Strive adds 2,500 BTC to treasury as Saylor’s Strategy sells
In an initiation note, Benchmark said the company has "one of the most differentiated capital structures in the bitco…
Hamilton Lane’s tokenized HLSCOPE fund launches on Tron, marking first Securitize product issued on the once-maligned blockchain
Hamilton Lane’s tokenized Senior Credit Opportunities Fund will be the first Securitize-issued asset to launch on T…
TON revives Gram token brand as Telegram CEO Durov says network is ‘returning to roots’
The Gram rebrand follows network upgrades, fee cuts, and Telegram's push for a larger role in TON governance.
Strategy bitcoin sale timing throws wrench into $20 million Polymarket pool
A Polymarket pool asking whether Strategy would sell any of its bitcoin before May 31 had drawn more than $20 million…
Bitmine acquires 26,497 ETH as it targets a slower approach to 5% of Ethereum’s total supply
Bitmine Chairman Tom Lee said the company would reach its 5% acquisition target of Ethereum's total supply "sometime …
IREN lands $3.65 billion A-rated financing for Microsoft AI buildout
The debt package helps IREN cover about 96% of the GPU spending needed to fulfill the Microsoft contract.
The Funding: How crypto hedge funds are navigating weak markets
As crypto markets remain weak, fund managers say asset selection, fundamentals, and alpha matter more than ever.
Texas appoints CleanSpark exec, bitcoin miner CEO to Strategic Bitcoin Reserve committee
Texas is seeking a custodian to transition reserve assets from Blackrock's IBIT into direct bitcoin holdings.
Aave Labs secures dual UK licenses for regulated crypto payments infrastructure through local subsidiary
Aave Labs has obtained FCA cryptoasset registration in the U.K. for its Push subsidiaries, unlocking zero-fee fiat on…
Base launches Azul on mainnet, pushing Coinbase’s Ethereum L2 toward full decentralization
Base has deployed its Azul upgrade on mainnet, with multiproofs and a new client stack advancing decentralization.
Hyperliquid-based prop trading platform Hypernova raises $3 million in pre-seed funding
Hyperliquid-based prop trading platform Hypernova says it offers "instant payouts" and plans to publicly launch withi…
Sequans completes bitcoin treasury unwind, refocuses on IoT semiconductors
Sequans said its remaining 658 BTC are now fully unrestricted after completing all convertible debt redemptions.
Bitcoin miner-to-AI boom sends stocks soaring as Cipher and Hut 8 hit fresh highs
IREN climbed within 10% of a fresh all-time high after unveiling another major AI infrastructure expansion tied to Dell.
Kraken expands Earn suite with Bitcoin Vault paying yield on BTC holdings
Bitcoin Vault routes deposits into DeFi lending protocols, including Aave and Morpho, to generate BTC rewards.
Aztec Labs acquires ZKPassport, pledges to keep privacy protocol and iOS mobile app open-source
The Obsidion team, including co-founders Michael Elliot and Theo Madzou, will join Aztec Labs to continue developing …
Bitdeer taps former Corsair Gaming and semiconductor exec Michael Potter as CFO
Bitdeer will retain Jianchun Liu as a principal advisor and said the resignation was due to personal reasons.
DeFi TVL slides 14% since KelpDAO exploit as risk appetite retreats
DeFi outflows have deepened five weeks after the KelpDAO breach exposed new infrastructure risks.
TD Cowen says crypto bill unlikely to pass this year amid worsening political environment
The political environment around the Clarity Act is getting worse, TD Cowen says, making it harder for the crypto bil…
Coinbase-incubated Base blockchain rolls out MCP gateway to AI interfaces like Claude, ChatGPT
With the integration, users will now be able to use natural language prompts to swap tokens, transfer funds, and inte…
Strive leapfrogs Coinbase, Riot with latest $85.4 million bitcoin buy
Vivek Ramaswamy-founded Strive now ranks as the seventh-largest public corporate bitcoin holder, trailing Bullish.
New strategic bitcoin reserve bill drops 1 million BTC purchase target, adds 20-year lockup period
The bill would require quarterly public proof-of-reserve disclosures and third-party audits of government bitcoin hol…
Kalshi, Polymarket lose bids to halt Nevada and Washington gambling cases
The Ninth Circuit said federal derivatives oversight does not shield prediction market firms from state gaming enforc…
Ripple, North Island Ventures back $6 million round for cross-chain platform Squid
Squid is preparing to launch a new consumer product aimed at making it easier to access and manage crypto assets, Fig…
Former EF developer Dankrad Feist suggests $1 billion raise to form new Ethereum advocacy group
The Ethereum Foundation is a non-profit stewarding the development of the world's second-largest blockchain.
CLEAR token tanks 48% as Everclear winds down protocol, foundation and labs unit
Everclear achieved $500 million in monthly volume, but "never developed the commercial depth," the team said on Thurs…
HYPE token sets new record high above $60 amid rising Wall Street demand for Hyperliquid
Of note, Grayscale-linked wallets reportedly accumulated over $40 million worth of HYPE over the past week.
MoonPay announces fourth acquisition of the year with Decent, as it launches MoonPay Trade
This Decent deal comes on a wave of acquisitions by MoonPay, including DFlow and Sodot, which all support MoonPay Trade.
Cosmos co-founder’s new multilateral clearing startup Cycles raises $6.4 million
The round, led by Blockchange Ventures, with support from Coinbase Ventures, among others, brings Cycle's total fundi…